01/06/2015
Not only is heavily indebted 1Malaysia Development Bhd getting a new chief executive officer, but it has also failed for a second time to pay a RM2 billion loan to local lenders due on December 31 last year.
01/05/2015
Cayman Finance CEO Mr. Jude Scott today welcomed the recent statement from the Cayman Islands Government regarding the beneficial ownership changes being insisted upon by the UK.
12/31/2014
The Vatican Bank is the latest to join the ranks of a hundred other countries worldwide that have agreed to the terms of the FATCA
12/31/2014
The consultation was conducted by the Ministry of Financial Services and Commerce.
12/28/2014
However the increased capital ratios that are coming into effect under the so-called Basel III regulations are still mostly based on a bank's internal model of calculating the risk of its activities.
12/25/2014
The Russian government will consider amendments to state procurement laws that would ban state contracts from being awarded to companies registered offshore.
12/24/2014
For Centuries the Inner Workings of the Vatican Bank have been Cloaked in Secrecy
12/23/2014
The new system is called REEFS, which stands for Regulatory Enhanced Electronic Forms Submission
12/23/2014
PKR MP Wong Chen’s observation of currency gains made by 1 Malaysia Development Bhd through its offshore accounts in the Cayman Islands validates its concern over foreign exchange fluctuations
12/23/2014
The Class A shares of the Emerging Markets Fixed Income fund were down -0.19 percent in November after finding difficulty during much of the fall.
12/22/2014
Fiscal framework to remain in place indefinitely
12/22/2014
Looking at the Crown Dependencies, Jersey saw a 6% increase over the previous half-year, while Guernsey saw something of a dip in the number of new company incorporations.
12/18/2014
Overall, the net asset value of all funds under management and administration in Guernsey fell by £0.4 billion
12/18/2014
Single investor funds and managed accounts have also become increasingly popular again following the experiences of the 2008 crisis
12/18/2014
Just days away from the 22 December deadline for many financial institutions to register with the US tax authorities to obtain their Global Intermediary Identification Number by 1 January 2015
12/17/2014
Aligning Bermuda’s insurance framework to take into account Solvency II standards and initiatives;
12/16/2014
As a result of this transaction, Duff & Phelps will create a dedicated Financial Regulatory and Compliance Practice, based on Kinetic Partners’ recognized leadership in providing regulatory consulting and compliance counsel to the financial serv
12/16/2014
Fortress Switzerland is showing more cracks.
12/15/2014
Part-time Cayman Islands residents and short-term workers will soon be having a much easier time getting through Cayman Islands immigration processes when they arrive in the country.
12/14/2014
Assets held by commercial banks in the Federation of St. Kitts and Nevis totalled EC$6 billion at the end of December 2013 representing a nine percent increase over 2012.